Just how far into the red are stalwarts like Goodyear and Tyson Foods? Bigger isn't always better -- 17 of Fortune's Global 500 are actually in the red.

Telecom equipment makers Alcatel and Lucent finally tied the knot last year, but the price was steep: merger-related restructuring costs approached $1 billion. The combined
company also disclosed that wireless-service providers were dropping its products on concerns about its prospects. In the first quarter this year, revenues were down $1.6 billion
from the same period a year earlier.